2024 CNY to SYP Historical Review

YEARLY HIGH

1782.1701 SYP

YEARLY LOW

344.3520 SYP

YEARLY AVERAGE

392.5913 SYP

2024 CNY to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 1782.1701. Conversely, the yearly low was recorded on December 20, dropping to 344.3520.

This high-to-low spread represents a total annual volatility of 1437.8181 SYP. From a start-to-finish perspective, comparing the January average rate of 353.3538 to the December average rate of 855.0809, the exchange rate registered a net change of 141.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1782.1701 was up 375.45% compared to the 2023 peak of 374.8422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 44,554,252 SYP

2023 Average 8,885,088 SYP

Yearly Trough Low 8,608,800 SYP

Transaction Impact: A difference of 35,945,451.65 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

905.9649

295.3576

JanuMarcMayJulySeptNove

CNY to SYP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 349.9838, compared to 435.1988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 85.2150 points.

H1 Avg (Jan–Jun) 349.9838

H2 Avg (Jul–Dec) 435.1988

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1437.8181 SYP (High: 1782.1701 / Low: 344.3520). On the other end, March was the most stable month, with a tight range of 4.7154 SYP (High: 352.2732 / Low: 347.5578).

December Spread (Volatile) ±1437.8181

March Spread (Stable) ±4.7154

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.7130 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.7130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 855.0809) against the same month in 2023 (average: 352.9681), the exchange rate shifted by +502.1129 (+142.25%).

2024 Avg (December) 855.0809

2023 Avg (December) 352.9681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	354.9473	349.2681	353.3538
February	353.8276	349.0401	351.0295
March	352.2732	347.5578	349.1205
April	354.3016	346.7663	347.5953
May	355.2635	346.8956	350.6106
June	354.0320	345.6881	348.1932
July	351.9541	345.3412	346.2415
August	354.2217	346.8525	351.5985
September	358.4208	352.7942	355.1688
October	357.9867	352.3341	354.4081
November	353.9373	346.6898	348.6951
December	1782.1701	344.3520	855.0809